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choli [55]
3 years ago
8

GDP is the: national income minus all non-income charges against output. monetary value of all final goods and services produced

within the borders of a nation in a particular year. monetary value of all economic resources used in producing a year's output. monetary value of all goods and services, final and intermediate, produced in a specific year.
Business
1 answer:
olasank [31]3 years ago
6 0

Answer:

The correct answer is: monetary value of all final goods and services produced within the borders of a nation in a particular year.

Explanation:

GDP of a nation can be defined as the monetary value of all the goods and services that are produced within the geographical boundaries of the nation in a year.

The GDP does not include intermediate goods and services as it may lead to double counting. The reselling of objects is also not included.

It is used to measure the health of a nation's economy. It shows the level of economic activities in a nation. An increase in GDP means economic growth.

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What does the term “elastic” describe?
liq [111]
(the flexibility basically)

definition-able to resume its normal shape spontaneously after contraction, dilatation, or distortion.
4 0
4 years ago
The first step in process flowcharting is to__________ A. draw the flowchart. B. break the process down into blocks. C. assemble
stepladder [879]

Answer: D. Select an appropriate transformation process for analysis

Explanation: A flow chart also known as a flow diagram is a schematic representation of how the different stages in a process are interconnected in sequential order. flowchart is a picture of the separate steps of a process in sequential order. It can be adapted for a variety of purposes including manufacturing, administrative, services processes or project plans. The first step in flowcharting is to select the appropriate transformation process for analysis. This involves defining the processes to be diagrammed, discussing and deciding its boundaries or limits: where it would start, where it would end etc. to drawing several major blocks that represent the most important steps in the process.

5 0
3 years ago
The manager of Flogymki, a newly opened continental restaurant, decides to organize the restaurant's labor force into separate d
Romashka [77]

Answer: Functional departmentalization

   

Explanation: In a functional departmentalization structure, the company tries to organize the employees into groups based upon the specific skills they possess. The activities performed by such groups are different from each other but the employees within groups performs the same task.

In the given case, the manager is dividing the company as per the purchase,serving and home delivery etc. It is evident that the grouping is done upon the specific activities to be performed.

Hence we can conclude that the correct option is B.

5 0
3 years ago
Crime-related and demographic statistics for 47 US states were collected from government agencies, including the FBI's Uniform C
Korolek [52]

Answer:

The potential problem with samples that could explain this connection is:

Causality.

Explanation:

There are different problems with samples and sampling, including sampling bias, sample size, and explaining causality between two variables.  Sometimes, small sample sizes can be used to draw conclusions, but the larger the sample size, the better. Likewise, the elimination of sampling bias increases the accuracy of research conclusions.  Most importantly, while a relationship or correlation may exist between two variables, it does not necessarily imply or explain that one variable causes the other.

7 0
3 years ago
McRae Corporation's total current assets are 412,000, its non-current assets are $524,000, its total current liabilities are____
lapo4ka [179]

Answer: See explanation

Explanation:

It should be noted that:

Working capital = Current assets - Current liabilities

$356000 = $412000 - Current liabilities

Current liabilities = $412000 - $356000

Current liabilities = $56000

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Total liabilities = $56000 + $274000

= $330,000

Stockholders equity = Total asset - Total liability

= $936000 - $330000

= $606000

5 0
3 years ago
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